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Bharat Forge Ltd slips for fifth straight session

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Capital Market
Last Updated : Apr 03 2020 | 1:50 PM IST

Bharat Forge Ltd is quoting at Rs 225.8, down 1.85% on the day as on 13:24 IST on the NSE. The stock tumbled 55.55% in last one year as compared to a 29.81% slide in NIFTY and a 46.53% fall in the Nifty Auto index.

Bharat Forge Ltd is down for a fifth straight session today. The stock is quoting at Rs 225.8, down 1.85% on the day as on 13:24 IST on the NSE. The benchmark NIFTY is down around 1.37% on the day, quoting at 8140.7. The Sensex is at 27818.17, down 1.58%.Bharat Forge Ltd has lost around 48.28% in last one month.Meanwhile, Nifty Auto index of which Bharat Forge Ltd is a constituent, has eased around 34.22% in last one month and is currently quoting at 4657.55, down 2% on the day. The volume in the stock stood at 12.82 lakh shares today, compared to the daily average of 23.34 lakh shares in last one month.

The benchmark April futures contract for the stock is quoting at Rs 226.55, down 2.01% on the day. Bharat Forge Ltd tumbled 55.55% in last one year as compared to a 29.81% slide in NIFTY and a 46.53% fall in the Nifty Auto index.

The PE of the stock is 12.65 based on TTM earnings ending December 19.

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First Published: Apr 03 2020 | 1:35 PM IST

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